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Labour market remains tight over September: ABS

The latest ABS data has revealed a small decrease in the unemployment rate in September.

BNK appoints new CFO

The banking group has announced Stephen Kinsella will be stepping into the role of chief financial officer.

APRA confirms bank branch closure trend

More than 400 bank branches closed across Australia in the year to 30 June 2023, despite three of the four major banks ...

AMP reports loan book lift in 3Q23

The non-major bank has announced its total loan book grew during the third quarter of 2023.

MA Financial Group unveils new logo

The group has announced refreshed branding along with a new logo to increase brand awareness.

Dwelling commencements fell in June quarter: ABS

The latest ABS data has revealed a drop in dwelling commencements for the June quarter.

Lending sector is ‘biggest opportunity’ in open banking: Frollo

While the government focuses on fixing underlying issues in open banking, opportunities in the sector are expanding.

RBA’s ‘low tolerance’ for inflation increases hike risk: economists

The minutes of the October RBA board meeting have revealed a decreasing tolerance for a slower return to the inflation target

300% surge in deposit bond inquiries: Deposit Power

The deposit bond provider has observed a spike in interest for deposit bonds from home buyers.

New CEO announced for Teachers Mutual Bank

A former major bank executive has joined the mutual bank as its new chief executive ahead of the retirement of long-serving ...

Consumer credit stress still hasn’t peaked: illion 

“No real evidence” that a turnaround in credit stress is in sight, according to the credit bureau.

Granny flats tipped as housing solution

New analysis has revealed the potential for newly constructed granny flats in the three largest capital cities to alleviate ...

Westpac appoints new chair

The Lottery Corporation chair and non-executive director of Challenger has been named as the next chair of the major bank.

Bank of Sydney appoints new head of retail banking

The non-major bank has welcomed an industry veteran as its new chief retail banking officer.

Pepper Money launches SMSF lending

The non-bank lender has announced its new self-managed super fund loan offering.

Housing shortfall evident as overseas arrivals climb: Economist

ABS data has revealed overseas arrivals have increased once again as the growing population draws more concerns over housing ...

Spring selling season to be busy: PropTrack

Despite a slight dip in homes listed in September compared to August the spring season has started stronger than last year, ...

Court rules on ANZ’s alleged $2.5bn disclosure failure

The Federal Court has handed down its judgment in an ASIC case that alleged ANZ breached its continuous disclosure ...

Credit advice ‘pretty much sorted’: Assistant Treasurer

Mortgage advice is “pretty much sorted”, the Assistant Treasurer and Financial Services Minister Stephen Jones has said, ...

‘New era’ under Housing Australia commences: Julie Collins 

The “new era for housing policy” has begun as the NHFIC officially becomes Housing Australia.

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